Membership Collective Group (NYSE:MCG) Trading Down 1.6% - What's Next?

Membership Collective Group Inc. (NYSE:MCG - Get Free Report)'s stock price fell 1.6% during trading on Tuesday . The company traded as low as $7.41 and last traded at $7.53. 211,575 shares were traded during mid-day trading, a decline of 37% from the average session volume of 335,312 shares. The stock had previously closed at $7.65.

Membership Collective Group Stock Performance

The company has a market cap of $422.95 million, a PE ratio of -5.84 and a beta of 1.23. The business's 50-day moving average is $6.72 and its 200 day moving average is $6.77. The company has a debt-to-equity ratio of 38.11, a quick ratio of 0.82 and a current ratio of 0.96.

Membership Collective Group Company Profile

Membership Collective Group Inc operates a global membership platform of physical and digital spaces that connects members worldwide. The company's members use the MCG platform to work and socialize, connect, create, and have fun. As of January 2, 2022, it served approximately 155,800 members through a portfolio of 33 Soho Houses, 9 Soho Works clubs, The Ned in London, Soho Home, and Scorpios Beach Club in Mykonos, as well as digital channels.